Supply shocks drive higher costs - Prime Mover Magazine

Heatwaves set to drive prices higher, food producers warn

The Food and Drink Federation said ‘fruit, vegetable and grain supply’ are being hit by recent hot weather and droughts.

Supply shocks drive higher costs - Prime Mover Magazine

Image: On-Air/stock.adobe.com.Australian businesses are bracing for further supply chain disruption. One-third (33 per cent) of Australian businesses plan to increase prices over the next six months to offset the cost of ongoing disruption, according to new research from the British Standards Institution (BSI). The findings, from a global survey of 1,600 procurement, supply chain, risk and […] The post Supply shocks drive higher costs appeared f…

Australian firms plan price rises amid supply strain

Shoppers could face higher prices, fewer choices and longer waits as Australian companies pass on rising supply chain costs.